Spurs missed the chance to close the gap on the two Manchester clubs at the weekend due to a 1-1 draw with Wolves.
However, Bale has said that his side are comfortable with being the underdogs and are just pleased to still be in the hunt for honours.
"I don't think anyone expects us to win the Premier League," the Welsh international told The Mirror.
"We're up there on merit and just enjoying our football.
"As long as we're doing that, we'll hopefully keep picking up points and keep ourselves in contention at the end."
Spurs' next Premier League game is a key clash against title rivals Manchester City.